Share Trading Challenge

Submitted by Marco on Mon, 22/10/2007 - 20:16.

Join the Share Trading Challenge - the Adam Gilchrist Challenge

There is a new share trading challenge starting next month and and the prize for the best stock portfolio performance is $50,000! It costs $49.95 to join but the cash goes to a good cause. The event is supporting Arthritis Australia which is seeking a cure to the ailment which plagues 1 in 5 Australians. When you join you start with $50,000 virtual money and allows you to trade any stock in the top 300 companies listed on the Australian Stock Exchange. The share trading challenge closes registrations on Friday close of business November 2nd and starts the following Monday 5th November and runs for the next four weeks or 20 trading days.

A closer look at the trading rules of this share trading challenge gives some reality to the game by having brokerage charges of $19.95 per trade. And there is no short selling so, share traders are limited to trading "real" stocks and not their derivatives. As for the strategy you would use in this game: since there is no leverage involved and no short selling, you would have to go long (duh!) but everyone is on a level playing field. I would figure that there would be a lot of luck involved in winning this game, but you could still increase your probability of winning by implementing the "right strategy". So what is the right strategy? It definitely isn't diversifying. By diversifying you are spreading your risk, but you are also spreading your possible profits. Your best bet in winning the share trading challenge is simply to choose a few companies, two or even just one and hope for the best. If you were wise and lucky enough to choose stocks that rise dramatically during the week like Paladin last week then you would certainly be in the winner's line. Good luck!

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Top 50 Public Companies Listed on the Australian Stockmarket as at 29/05/2009

  1. BHP Billiton
  2. Westpac Banking Corporation (WBC)
  3. Commonwealth Bank of Australia (CBA)
  4. National Australia Bank (NAB)
  5. Telstra (TLS)
  6. ANZ
  7. News Corporation (NWS)
  8. Woolworths Limited(WOW)
  9. Woodside Petroleum Limited (WPL)
  10. Rio Tinto
  11. Westfield Group (WDC)
  12. Westfarmers Limited (WES)
  13. QBE Insurance
  14. CSL
  15. Newcrest Mining Limited (NCM)
  16. Origin Energy Limited (ORG)
  17. Santos Limited (STO)
  18. AMP Limited (AMP)
  19. Maquarie Group (MQG)
  20. Foster’s Group Limited (FGL)
  21. Brambles Limited (BXB)
  22. Fortescue Metals (FMG)
  23. Lihir Gold Limited (LGL)
  24. AXA Asia Pacific Holdings Limited (AXA)
  25. Insurance Australia Group Limited (IAG)
  26. Suncorp-Metway Limited (SUN)
  27. Orica Limited (ORI)
  28. Coal & Allied (CNA)
  29. Stockland (SGP)
  30. Leighton Holdings (LEI)
  31. Lion Nathan Ltd (LNN)
  32. Coca-Cola Amatil Limited (CCL)
  33. AGL Energy Limited (AGK)
  34. Oil Search Limited (OSH)
  35. ASX (Australian Securities Exchange)
  36. Crown (CWN)
  37. WorleyParsons (WOR)
  38. Transurban Group (TCL)
  39. Computershare Limited (CPU)
  40. Toll Holdings Limited (TOL)
  41. Energy Resources of Australia (ERA)
  42. Sonic Healthcare Limited (SHL)
  43. Tabcorp Holdings (TAH)
  44. GPT Group (GPT)
  45. Qantas Airways Limited (QAN)
  46. Amcor Limited (AMC)
  47. Incitec Pivot (IPL)
  48. Australian Foundation Investment Company (AFI)
  49. Sims Group Limited (SGM)
  50. CFS Retail Property Trust (CFX)
  51. Telecom Corporation of New Zealand (TEL)
  52. New Hope Corporation Limited (NHC)
  53. Macquarie Airports (MAP)
  54. OneSteel Limited (OST)
  55. DEXUS Property Group (DXS)
  56. Argo Investments (ARG)
  57. BlueScope Steel (BSL)
  58. Caltex Australia Limited (CTX)
  59. Metcash Trading Limited (MTS)
  60. Lend Lease Corporation Limited (LLC)
  61. Macquarie Infrastructure Group (MIG)
  62. Paladin Energy (PDN)
  63. Fletcher Building (FBU)
  64. Harvey Norman Holdings (HVN)
  65. Tatts Group (TTS)
  66. Cochlear Limited (COH)
  67. Alumina (AWC)
  68. OZ Minerals (OZL)
  69. Arrow Energy (AOE)
  70. Fairfax Media Limited (FXJ)
  71. Nufarm Limited (NUF)
  72. Aquarius Platinum (AQP)
  73. Washington H Soul Pattison & Company (SOL)
  74. Boral (BLD)
  75. Felix Resources (FLX)
  76. Equinox Minerals (EQN)
  77. Platinum Asset Management Limited (PTM)
  78. CSR
  79. SP AusNet (SPN)
  80. Primary Health Care (PRY)
  81. Mirvac Group (MGR)
  82. Ramsay Health Care (RHC)
  83. Reece Australia (REH)
  84. Billabong International Limited (BBG)
  85. Aneka Tambang (Persero) Tbk (Pt) (ATM)
  86. Sino Gold Mining (SGX)
  87. Aristocrat Leisure (ALL)
  88. James Hardie Industries N.V. (JHX)
  89. Bendigo and Adelaide Bank Limited (BEN)
  90. David Jones (DJS)
  91. Goodman Fielder (GFF)
  92. Centamin Egypt (CNT)
  93. United Group (UGL)
  94. Consolidated Media Holding (CMJ)
  95. ABB Grain (ABB)
  96. Downer EDI Limited (DOW)
  97. Auckland International Airport (AIA)
  98. Brickworks (BKW)
  99. Australian Worldwide Exploration (AWE)
  100. Duet Group (DUE)
  101. Commonwealth Property Office Fund (CPA)
  102. Adelaide Brighton (ABC)
  103. APA Group (APA)
  104. Bank of Queensland (BOQ)
  105. SKY Network Television (SKT)
  106. JB Hi-Fi (JBH)
  107. Seek (SEK)
  108. Iluka Resources Limited (ILU)
  109. Macquarie Communications Infrastructure Group (MCG)
  110. Milton Corporation (MLT)
  111. Singapore Telecommunications (SGT)
  112. SKYCITY Entertainment Group (SKC)
  113. Extract Resources (EXT)
  114. Riversdale Mining (RIV)
  115. Perpetual Limited (PPT)
  116. Whitehaven Coal (WHC)
  117. Aquila Resources (AQA)
  118. Macarthur Coal (MCC)
  119. Challenger Financial Services Group Limited (CGF)
  120. Fisher & Paykel Healthcare Corporation (FPH)
  121. Ansell Limited (ANN)
  122. Spark Infrastructure Group (SKI)
  123. Transfield Services (TSE)
  124. Karoon Gas Australia (KAR)
  125. Seven Network Limited (SEV)
  126. Campbell Brothers Limited (CPB)
  127. Energy World Corporation (EWC)
  128. ING Office Fund (IOF)
  129. Infigen Energy (IFN)
  130. Healthscope (HSP)
  131. Asciano Group (AIO)
  132. TOWER Australia Group (TAL)
  133. Navitas (NVT)
  134. Ten Network Holdings (TEN)
  135. Wotif.com Holdings (WTF)
  136. AngloGold Ashanti (AGG)
  137. Austar United Communications Limited (AUN)
  138. IOOF Holdings (IFL)
  139. Air New Zealand Limited (AIZ)
  140. Linc Energy (LNC)
  141. Warehouse Group (WHS)
  142. Macquarie Office Trust (MOF)
  143. Sigma Pharmaceuticals Limited (SIP)
  144. Zimplats Holdings (ZIM)
  145. IRESS Market Technology Limited (IRE)
  146. Monadelphous Group (MND)
  147. Silex Systems (SLX)
  148. Western Areas NL (WSA)
  149. West Australian Newspapers Holdings Limited (WAN)
  150. Centennial Coal Company (CEY)